SNA

Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company")
wishes to extend its sincere condolences to the families of those apparently
lost on MH370. 


Any loss of an airliner and those aboard is tragic. In this instance, the pain
being experienced by those left behind must be compounded by the fact that they
have had to endure uncertainty for over two weeks. From Star's point of view, as
a company whose business is the real time monitoring of aircraft, it is
regrettable that the lessons learned at great cost from the AF-447 incident have
not been applied in the 5 years since AF 447 was lost. Star participated in the
Working Group established by the BEA (the French Transportation Safety Board) to
look into the technical aspects of that incident and specifically, the Triggered
Transmission of Flight Data automatically in an emergency situation, especially
over maritime or remote areas.


The BEA Report recommended, amongst other things, that: 

"EASA and ICAO make mandatory as quickly as possible, for aeroplanes making
public transport flights with passengers over maritime or remote areas,
triggering of data transmission to facilitate localization as soon as an
emergency situation is detected on board."


The proven technology exists today to meet this and other recommendations of the
BEA Report. For instance, the STAR-A.D.S.(TM) system precisely allows ground
personnel to have complete position and situational awareness of the flight.
This system automatically provides extensive, real time data through global
satellite communications. Details respecting various systems and sub systems on
board are monitored and analyzed. In the context of MH 370, the system also
provides location information and, in case of emergency, a stream of information
commencing 30 seconds before the emergency and continuing for as long as the
system remains intact.


Had the recommendations of the BEA Investigation been implemented and the system
installed on MH 370, the authorities would have a much better awareness of what
transpired on board MH 370, and where it was lost.


Star calls upon all interested parties to rapidly move to implement the BEA
Recommendations.


About Star Navigation: (www.star-navigation.com)

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its
proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the
heart of the STAR-A.D.S.(TM) System. It is the first system in the world to
feature in-flight data-analysis, monitoring and diagnostics with a real-time
connection between aircraft and ground. Its real-time capability of tracking
performance trends and predicting incident-occurrence enhances aviation safety
and improves fleet management while reducing costs for the operator.


Certain statements contained in this News Release may constitute forward-looking
statements. When used in this document, the words "may" "would", "could", "will"
and similar expressions, as they relate to Star or its management are intended
to identify forward-looking statements. Such statements reflect Star's current
views with respect to future events and are subject to certain risks,
uncertainties and assumptions. Many factors could cause Star's actual
performance or achievements to vary from those described herein. Should one or
more of these factors or uncertainties materialize, or should assumptions
underlying forward-looking statements prove incorrect, actual results may vary
materially from those described herein as intended, planned, anticipated,
believed, estimated or expected.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of the content of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Star Navigation Systems Group Ltd.
Viraf Kapadia
CEO
(416) 252-2889 Ext. 225
viraf.kapadia@star-navigation.com
www.star-navigation.com

Grafico Azioni Star Navigation Systems Group (TSXV:SNA)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Star Navigation Systems Group (TSXV:SNA)
Storico
Da Giu 2023 a Giu 2024